Wall Street closed at new all-time highs Thursday, driven by growing confidence that the Federal Reserve will deliver its first rate cut of the year next week.
Every weekday afternoon, get a snapshot of global markets, along with key company, economic, and world news of the day.
Mixed results With earnings season well under way, the Dow and the S&P 500 posted their second weekly gains in a row while the NASDAQ finished slightly lower. Through Friday—and the second week of earnings season—the proportion of S&P 500 companies that had beaten analysts’ quarterly net income expectations stood at 75%, according to FactSet.
Connect with a local Duncan Williams Asset Management advisor
5350 Poplar Ave. Suite 600Memphis, TN 38119